Cairo – Misr Cement - Qena started the self-operation and maintenance process of its plant in Qena earlier in July to boost performance efficiency. Misr Cement’s board greenlighted the self-operation plans after concluding the technical management agreement with the Arab Swiss Engineering Company (ASEC) last June. In the first quarter (Q1) of 2022, the listed firm logged consolidated net profits worth EGP 80.85 million, a leap of 161.48% from EGP 30.92 million in Q1-21. During the January- March 2022 period, Misr Cement registered revenues of EGP 668.75 million, an annual slide of 6% from EGP 712.73 million. All Rights Reserved - Mubasher Info © 2005 - 2022 Provided by SyndiGate Media Inc. (Syndigate.info).

Source: The North Africa Journal July 16, 2022 08:13 UTC